“Stay Patient,” Says SEBI Chief as Global Uncertainty Shakes Stock Markets

SEBI Chief Urges Investors to Stay Patient Amid Global Market Volatility

India’s markets regulator has urged investors to remain calm as rising geopolitical tensions, technological shifts and energy disruptions create volatility in global financial markets.

Speaking at the Moneycontrol Global Wealth Summit, Tuhin Kanta Pandey, chairman of Securities and Exchange Board of India, said uncertainty has become the defining feature of the current global economic environment but stressed that markets historically stabilise after periods of disruption.

“If there is one word to describe markets today, it is uncertainty,” Pandey said, noting that conflicts in the Middle East have disrupted energy supplies and influenced global capital flows.

He advised retail investors to avoid reacting impulsively to short-term market swings. According to Pandey, episodes of extreme volatility are not new, citing the market turmoil during the COVID-19 pandemic and the Russia–Ukraine conflict, after which markets eventually stabilised.

Pandey added that volatility should not necessarily be seen as a sign of weakness, but rather a test of how efficiently financial systems operate during stress.

He also pointed to structural shifts shaping the global economy, including the rapid rise of Artificial Intelligence and evolving geopolitical dynamics.

Despite global uncertainty, Pandey said India’s capital markets have expanded significantly over the past decade, with steady growth across equities, corporate bonds and the mutual fund industry, reflecting rising investor participation and improving market resilience.